Furnished 4 bedrooms 3 ½ baths 3, 390 sq’ including a one car garage and additional ski sharpening/storage room. Mansfield views from 2nd floor. Features high ceilings, central AC, heat pump with propane back up. The open kitchen-dining creates a great entertaining space with seating for 12. Walk-in pantry. Living room has Jotul gas fireplace. The primary suite features 9’ ceilings a soaking tub and shower. Lower level features high ceilings, 3/4 bath, 4th bedroom and large family room. Vermont Vernacular design of The Landing, by renown architect Sam Scofield, is in keeping with the original Stowe-A- Way antique farm house dating back to the 1800’s. Stowe Mountain Resort 4. 4 miles, Stowe Village 3. 2 miles, BOS 3 ¼ hours, BTV 45 minutes. On Mountain Shuttle bus route for easy access to Stowe Mountain Resort and Stowe Village. The Recreation Path is across the street. The Landing sits on 2. 5 acres with over an acre of Common Area for homeowners, their families and guests to use for recreation. This Common Area has spectacular views of Mt Mansfield and is a great place for homeowners to picnic, walk, snow shoe and for children to play and build snow-forts. Rental of the (3) condos in 28 Landing Circle began a short time ago and show excellent income and bookings into next fall. Resort Realty Advisors Appraisal projects a 10% CAP Rate for short term rentals at The Landing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,525,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,220,000 | $1,220,000 | $1,220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,120 | $7,711 | $10,295 |
Total Monthly Payment | $7,245 | $7,836 | $10,420 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.